Remove 2018 Remove Climate Change Remove Solar Remove Wind
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BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

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New investment in wind, solar, and other clean energy projects in developing nations dropped sharply in 2018, largely due to a slowdown in China. This is due to wind and solar projects generating only when natural resources are available while oil, coal, and gas plants can potentially produce around the clock.

Coal 243
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3 Oil Majors That Bet Big On Renewables

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Let this sink in: In 2018, Big Oil spent less than 1% of its combined budget on green energy projects. Equinor has announced plans to invest $10B into clean energy by 2025, mostly through its offshore wind portfolio. Further, natural gas can be used to keep the power grid stable as solar and wind power fluctuate.

Oil 418
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LLNL’s Energy Flow Diagrams Show That The US Isn’t Moving The Needle On Climate Action

CleanTechnica EVs

In 7 years of electrification and deployment of wind and solar, the US barely budged the needle, in fact declining slightly to more wasted energy in 2016 and 2017 before improving again in 2018 and onward.

Energy 139
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EIA: US energy-related CO2 fell by 2.8% in 2019, slightly below 2017 levels

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in 2018, the only annual increase in the past five years. The changes in US energy-related CO 2 emissions in 2019 offset the increase in 2018. Nearly all of the change in CO 2 emissions in 2019 arose in the electric power sector. US energy-related CO 2 emissions declined by 2.8% CO 2 emissions had increased by 2.9%

2019 273
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SMUD Board of Directors adopts climate emergency declaration; carbon neutrality by 2030

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The SMUD (2020 Sacramento Municipal Utility District) Board of Directors adopted a climate emergency declaration that commits to working toward an ambitious goal of delivering carbon-neutral electricity by 2030. Furthermore, SMUD has reduced the carbon intensity of its power mix, which is now 50% carbon-free on average.

Carbon 268
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Leading UK scientists set out resource challenge of meeting EV targets by 2050

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Last month, the Committee on Climate Change published a report— Net Zero: The UK’s Contribution to Stopping Global Warming —which concluded that “net zero is necessary, feasible and cost effective.” A 20% increase in UK-generated electricity would be required to charge the current 252.5

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Rhodium Group estimates US GHG fell 2.1% in 2019, driven by coal decline

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The Rhodium Group, an independent research provider, estimates that, after a sharp uptick in 2018, US greenhouse gas (GHG) emissions fell by 2.1% Emissions from buildings, industry and other parts of the economy rose, though less than in 2018. That’s higher than the 3% gain in 2018, but lower than the 13% gains posted in 2016 and 2017.

Coal 370